GDAX Sets Crypto List Standards

The statement states,

“This framework is designed to provide insight into how we evaluate digital assets for listing on GDAX. The exchange reserves “full and absolute discretion to list, not list, or de-list any asset for trading on GDAX”.

Framework outlines determination of listing with following six factors:

From Hundreds of Coins to Proven Winners

Remarkably, GDAX will relate clients’ standards to publically visible founders. However more stress on, “Has a track record of demonstrable success or experience,” is requires within Founders and Leadership”.

“Since, for service or work tokens, new supply is created through consensus protocols. If the supply is cap, then a material amount of the total tokens should be available to the public”.

Team Ownership means stakes retains by the team is a alternative stake. However, there is a lock up period and vesting schedule to ensure the team is economically incentive to improve the network into the future.

At the Conclusion, it simple and clearly mentioned by GDAX Adam White:

“The number one feedback I’d say we get from customers is, ‘add more things, I want to trade more assets.’ We see those customers going to other venues as well as we don’t want that to happen”.

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.